The Cyber Hut Radar - Industry Intelligence Service

The Cyber Hut Radar - Industry Intelligence Service

Comment on Okta Q3FY24 Results

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The Cyber Hut
Nov 30, 2023
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Investor Presentation

The Cyber Hut Comment: This week saw Okta release their 3rd quarter results for FY2024. What can we learn?

Page 6 from their investor presentation show cases a 39% CAGR (compound annual growth rate) over the 3 year period 2021 to 2024, with expected full year 2024 revenue to be over $2.2 billion. Their view is that identity is now “t…

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